ABOUT SKYLINE CHAMPION CORPORATION
Business Combination of Skyline Corporation and Champion Enterprises Holdings, LLC
On June 1, 2018, Skyline Champion Corporation (formerly known as Skyline Corporation) and Champion Enterprises Holdings, LLC
(Champion Holdings) combined their operations pursuant to the Share Contribution & Exchange Agreement (the Exchange Agreement), dated as of January 5, 2018, by and between Skyline Corporation and Champion
Holdings. Pursuant to the Exchange Agreement, Champion Holdings contributed to Skyline Corporation all of the issued and outstanding shares of capital stock of Champion Holdings wholly-owned operating subsidiaries, Champion Home Builders, Inc.
(CHB), and CHB International B.V. (CIBV) (the shares of stock of CHB and CIBV contributed to Skyline Corporation, the Contributed Shares), and in exchange for the Contributed Shares, Skyline Corporation issued to
the members of Champion Holdings, in the aggregate, 47,752,008 shares of Skyline Corporation common stock, $0.0277 par value per share (such issuance, the Shares Issuance). The contribution of the Contributed Shares by Champion Holdings
to the Corporation, and the Shares Issuance by Skyline Corporation to the members of Champion Holdings are collectively referred to herein as the Exchange.
Skyline Champion Corporation Overview
We are the largest independent publicly traded factory-built housing company in North America with pro forma net sales in fiscal year 2018 of
$1.3 billion. We have more than 65 years of homebuilding experience, 6,800 employees and 36 manufacturing facilities throughout the United States and western Canada, and offer a leading portfolio of manufactured and modular homes, park model
RVs and modular buildings for the multi-family, hospitality, senior and workforce housing sectors.
In addition to our core home building
business, we operate a factory-direct retail business, Titan Factory Direct, with 21 retail locations spanning the southern United States, and Star Fleet Trucking, providing transportation services to the manufactured housing and other industries
from ten dispatch locations across the United States.
We build homes under some of the most well know brand names in the factory-built
housing industry including Skyline Homes, Champion Homes, Athens Park Model RVs, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada.
Products and Services
We design,
produce, market, and transport a range of manufactured and modular homes, park model RVs, and commercial solutions. We believe the broad scope of our product and service offerings provide us advantages relative to other factory-built construction
companies.
Factory-Built Housing
A majority of our manufactured products are constructed in accordance with the HUD code. We produce a broad range of manufactured and modular
homes under a variety of brand names and in a variety of floor plans and price ranges. While most of the homes we build are single-family, multi-section, ranch-style homes, we also
build two-story, single-section,
and Cape Cod style homes as well as multi-family units such as town homes, apartments, duplexes, and triplexes. The single-family homes that we manufacture generally
range in size from 400 to 4,000 square feet and typically include two to four bedrooms, a living room and/or family room, a dining room, a kitchen and typically two full bathrooms. We also build park model RVs for resorts and campgrounds and
commercial modular structures, including hotels, student and workforce housing.
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